Category: News

Matthew Bowie Joins Pastore & Dailey LLC, Will Manage Firm’s New Boston Office

Posted on by Liam Mennitt

The law firm of Pastore & Dailey LLC is pleased to welcome Matthew Bowie as Counsel. Matthew will open and manage Pastore & Dailey’s new Massachusetts office in the Cambridge Innovation Center located at 50 Milk St. in Boston’s Financial District. Pastore & Dailey also has two Connecticut offices in Glastonbury and Stamford, two Florida offices in Gainesville and Melbourne, and an office in New York City. Matthew joins a fast-growing firm of professionals, including the former Connecticut Secretary of the State, the former general counsel of a Wall Street firm, and a senior New York Stock Exchange regulatory attorney. Matthew will assist clients seeking legal representation in matters involving corporate law, securities law, finance, and intellectual property.

Prior to joining Pastore & Dailey, Matthew practiced law at Goodwin Procter LLP. At Goodwin Procter, Matthew served as counsel for various prominent companies and individuals, including the nation’s largest mortgage lender, the world’s largest third-party coin certification service company, and several directors of a significant multinational chemical company. After his time at Goodwin Procter, Matthew served as Associate Counsel for Consumers United, Inc., reporting directly to the General Counsel of the largest online, independent auto insurance agency in the United States.

Matthew earned his Bachelor of Arts from Boston College, graduating magna cum laude. He then earned his law degree from The George Washington University School of Law, graduating with honors. Before practicing law, Matthew served as an internal operations consultant for F.W. Webb. Matthew is admitted to practice law in Massachusetts. Matthew stated, “I am excited to open and manage Pastore & Dailey’s Boston office and to provide world-class legal services to clients in the thriving business community of the Greater Boston area.”

“We are extremely pleased to bring Matt to the firm and expand our practice to the Boston market,” said Pastore & Dailey’s Managing Partner, Joe Pastore. “We pride ourselves on the unique combination of big firm and sophisticated legal services coupled with a fair and reasonable approach to billing and fee structures. We are confident that with Matt’s experience and our approach, our firm will be an asset to Boston’s business community.”

 

Smolnik Appointed New Chair of Subcommittee by CT General Assembly

Posted on by Liam Mennitt

Dan Smolnik, Of Counsel with Pastore & Dailey LLC, has just been appointed by the Connecticut General Assembly to the Commission on Connecticut’s Leadership in Corporation & Business Law.  He will be chairing the subcommittee on tax law and policy.

Defeated Motion to Stay

Posted on by Liam Mennitt

On behalf of its sophisticated financial services client, Pastore & Dailey LLC recently defeated a Motion to Stay a New York Supreme Court action pending resolution of an ongoing arbitration.  In denying the defendants’ motion for a stay, the court agreed with P&D’s arguments that the corporate defendants’ conduct in choosing not to participate in the arbitration, thus creating a complete separation of identity between the defendants in the court case and the respondents in the arbitration, could not be used as an excuse to stop the court proceedings until the arbitration was resolved.

Defeated Emergency Appeal to NYS Appellate Division

Posted on by Liam Mennitt

Pastore & Dailey recently defeated an emergency appeal to NYS Appellate Division (1st Dept.) by a client’s competitor in the financial services industry (including a FINRA member firm) on the trial court’s denial of its motion to stay our client’s lawsuit in NYS Supreme Court (New York County) against the competitor and its principals while a related FINRA arbitration was in process. (Our client is suing the competitor and its principals for tortiously interfering with our client’s contracts with its ex-employees, among other things.)

Enforcing Texas Judgement in New York for International Clients

Posted on by Liam Mennitt

The attorneys at Pastore & Dailey recently claimed a victory with respect to opposing a joint motion to dismiss and motion for summary judgment in New York Supreme Court (Kings County).  In that matter, Pastore & Dailey’s clients successfully secured a judgment for the client (a limited liability company whose members reside in Israel) in excess of $4MM in a Texas state court against a now defunct company.  Our attorneys successfully domesticated that judgment in the New York Supreme Court and commenced an action against a party who owes money to the judgment debtor (the defunct company).  After the commencement of the action, our attorneys successfully negotiated that a large sum of money be held in escrow by the defendant while the New York action was pending.  Said funds came out of the sale of commercial property in New York City, which funds our clients claim to be entitled to as the judgment creditor.  The defendant simultaneously moved to dismiss and for summary judgment claiming that Article 52 of the New York CPLR was the exclusive method to collect on a prior judgment and because the sale of the property did not create a cause of action for unjust enrichment and the creation of a constructive trust.  While Article 52 is the primary means to collect on a judgment, our attorneys successfully argued that Article 52 is not the exclusive means upon which to collection on a judgment and furthermore successfully argued that the sale of the property created a colorable cause of action for unjust enrichment as the enhancement of value of the property was created, in part, by the investment of the judgment debtor.  Therefore, the judgment creditor (our client) will be able to pursue its claims against the defendant for money that is owed to the judgment debtor.

Summary Judgement Win

Posted on by Liam Mennitt

Successfully represented a software development company in the motion for summary judgment phase of litigation pending in the Southern District of New York, in which the court determined that the Firm’s client could seek in excess to $15 million in damages at trial on its primary claim against a Fortune 500 company.

B. Riley & Co., LLC – Investor Conference

Posted on by Liam Mennitt

Pastore & Dailey LLC proudly sponsored the 16th Annual B. Riley Investor Conference in Los Angeles on May 12 to the 14. Along with several other national law firms, Pastore & Dailey helped B. Riley facilitate a dialogue between issuers and investors from around the country, and helped B. Riley raise money for the Sugar Ray Leonard Foundation.

California FINRA Aribitration

Posted on by Liam Mennitt

The attorneys at Pastore & Dailey LLC  successfully represented Los Angeles based broker-dealer in the prosecution of a FINRA arbitration in California seeking the collection of a contractually earned broker dealer’s investment banking fee.   The issuer represented by our client claimed that the investment banking fee was not owed, but ultimately satisfied the fee obligations by transferring equity in the company to the broker-dealer as payment.

National Law Firm Pastore & Dailey Expands to Space Coast

Posted on by Liam Mennitt

Pastore & Dailey’s new Melbourne office, located at 7827 N. Wickham Road in Suntree, is led by attorney Rob Manning, a Brevard County native. Manning holds an AV-Preeminent Peer Review rating from Martindale-Hubbell.  “I am grateful for this opportunity to return to Brevard County, and to bring my experience and Pastore & Dailey’s resources to serve my hometown,” Manning said.

Brevard County’s growing and diversified economy made it a prime market for Pastore & Dailey’s expansion.  “When Pastore & Dailey considered expansion opportunities in Florida, the Spacecoast was at the top of the list with its growing, diverse economy, ” said Pastore & Dailey’s managing partner Joseph M. Pastore, III.

Contact Rob Manning at 321.684.7144 and via email at RManning@psdlaw.net.

Pastore & Dailey LLC is a national law firm with offices in Stamford, CT, New York, NY, Glastonbury, CT, Gainesville, FL and Melbourne, FL.  Visit the firm’s website at www.psdlaw.net.